Numerico NWC: Token Burn

Name: Token Burn
Start: 2021-12-01T00:00:00Z
End: 2022-01-01T00:00:00Z

352

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Event date: December 2021 UTC

What is coin (token) burn?

A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.

NewsCrypto.io
@NwcPublic

1. We’re burning $10 MILLION worth of our tokens! 🔥 Here is how, when and why. Sticking to our motto of being deflationary, here is what the community has decided.

NWC Price Changes After Event Publication

NWC Events on the Chart

0.88%

1 hour

2.47%

3 hours

4.22%

1 day

3.60%

2 days

99.61%

Now (Added 4 years ago)